24 October 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

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54 Billion reasons in Germany

31 July 2009  |  5527 views  |  0

From Deutsche Bank report:

“the bulk of the companies [SMEs in Germany] squander the sizeable efficiency

gains that come with the introduction of digital invoices. According to

estimates by researchers at the University of Hannover, the German

economy offers total cost-savings potential of around EUR 54 bn,

mainly in more efficient processes, i.e. in the immediate further processing

of invoice data in company bookkeeping and controlling

systems. Why don’t more companies make use of digital invoicing?"

How about some action? The situation is the same in all countries. And only banks can deliver a cost efficient and generic networked solution for SMEs. Saving 54 billions a year should provide for a decent business case.

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job title Chairman/Founding member
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member since 2008
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